People are Opting Out

Politicians are losing control of the political spin and our financial system. More people are waking up to the problem and opting out by investing in Gold and Bitcoin.

People are Opting Out
Photo by Jingming Pan / Unsplash

There is so much going on at the moment it's hard to choose a single topic to cover today.

In the past 24 hours, French President Macron has walked away from his 'NATO boots on the ground in Ukraine' statement.

This comes on top of a statement by US Senator Marco Rubio who admitted that he always knew Ukraine could not achieve it's stated goals but "tried not talk about this publicly because I thought it undermined the leverage the Ukraine had."


If only Rubio and others had found their voice earlier hundreds of billions of dollars could have been saved and hundreds of thousands of lives spared.

The root cause of the Ukraine war is the failure of the West to honour the Minsk agreement and the desire of the US neocons to profit from war - regardless of the human cost.

Sticking to the United States, the corruption evident within the political and judicial system has to be obvious to anyone who look

The latest news is that the Supreme Court ruled 9-0 that it was illegal for the State of Colorado to prevent Trump from being on the ballot. The ruling applies to all States which has severed a concerted action by the Democrats to use illegal means to stop Trump's candidacy.

It's a massive win and has the American left going crazy as a result.

Here's how one Conservative satirist summed up the decision to exclude Trump at the time.


Closer to home, our own politicians are also being exposed.

The latest is Queensland Premier Steven Miles who misled parliament over the trivial issue of sending a text message.

While the issue was trivial, the misleading is serious and he should resign because it's hard to conclude anything other than it was deliberate and done on the assumption he wouldn't be caught.

It's unlikely Miles will go as we've seen how Federal Labor Senator Katy Gallagher did worse over the Brittany Higgins saga and she kept her job.

Little wonder so few have any faith in the system functioning as it should any more.

The Higgins saga shows no signs of disappearing as the newly minted taxpayer funded millionaire jetted back into Australia to face off against Senator Linda Reynolds in a defamation trial.

Reynolds has been on a roll recently winning settlements from the ACT government, publisher Harper Collins and the Australian Financial Review columnist Aaron Patrick.

And then there's the USD 1.2 trillion dollar thing known as Bitcoin.

What's happening in that space reflects on everything just discussed and much more.

The abandonment of hope that our political class can put a stop to the insane monetary policy, the desire for conflict and control, the failing welfare state and the crooked crony capitalism is represented by the rise of Bitcoin.

It's still not understood by many and is often dismissed as a crazed Ponzi scheme. That's how I thought about it until I finally saw the potential back in 2020 when I first encouraged readers to investigate it for themselves. .

Now, institutions, corporates and governments are seeing the potential, pushing the price to all time highs in many fiat currencies (including Australia where it is over $100,000 per coin!).

Gold too is breaking out to new highs. Even if you adjust for inflation it's at the very top of it's historical pricing.

Again, this represents a lack of confidence in the system and the desire to get money 'off the grid' as insurance against the worst excesses of government.

If sounds like a pretty good idea to me.

Thought for the Day

“Have we reached the ultimate stage of absurdity where some people are held responsible for things that happened before they were born, while other people are not held responsible for what they themselves are doing today?”
Thomas Sowell

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